New marketplace for Skandia shares

As previously announced, Skandia has applied for a delisting of Skandia shares from the Stockholm and London Stock Exchanges. Skandia's shares were delisted from the London Stock Exchange on 12 May 2006. The last day for trading in Skandia shares on the Stockholm Stock Exchange will be 5 June 2006. To facilitate continued trading in Skandia's shares after the delistings, Skandia has now reached an agreement with Handelsbanken on telephone-based trading via Handelsbanken starting on 7 June 2006, as follows: Shareholders who wish to sell their shares, and investors interested in buying Skandia shares, are instructed to contact their bank or stockbroker, who should contact Handelsbanken. Between 9 a.m. and 5.20 p.m., Handelsbanken will accept buy and sell orders for Skandia shares from banks and stockbrokers. Updated information on prices can be viewed in the SIX system and newspapers, among other places. Ordinary settlement will take place with payment made after three days. Brokers' fees are to be paid by sellers and buyers to their respective banks. In addition to the above, Handelsbanken has undertaken to act as a market guarantor, entailing that the bank, during ordinary trading hours, will set buy and sell prices for Skandia shares. For further information on trading in Skandia shares via Handelsbanken, visit www.skandia.com. Corporate Communications S-103 50 Stockholm, Sweden Telephone +46-8-788 10 00 Telefax +46-8-788 30 80 www.skandia.com Office: Sveavägen 44